Gross capital formation (current LCU), annual growth rate (current) in Bahamas
Bahamas: Gross capital formation (current LCU), annual growth rate (current) was 21.56 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current LCU), annual growth rate in Bahamas, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bahamas recorded 21.56 % change on previous year for gross capital formation (current lcu), annual growth rate in 2024.
Compared with earlier readings it is up 292.2% on the previous year and up 50.2% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in Bahamas peaked at 67.32 % change on previous year in 1997 and was at its lowest, -29.06 % change on previous year, in 2020.
Bahamas ranks 35th of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), annual growth rate (current) in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 5.83 % change on previous year | — |
| 1979 | 54.87 % change on previous year | +841.3% |
| 1980 | 67.03 % change on previous year | +22.2% |
| 1981 | 10.07 % change on previous year | -85.0% |
| 1982 | 26.04 % change on previous year | +158.5% |
| 1983 | 3.98 % change on previous year | -84.7% |
| 1984 | -5.28 % change on previous year | -232.5% |
| 1985 | 33.32 % change on previous year | -731.2% |
| 1986 | 2.38 % change on previous year | -92.9% |
| 1987 | 11.99 % change on previous year | +403.1% |
| 1990 | -3.45 % change on previous year | -128.8% |
| 1991 | -1.93 % change on previous year | -44.1% |
| 1992 | -5.16 % change on previous year | +168.0% |
| 1993 | -16.69 % change on previous year | +223.4% |
| 1994 | 16.79 % change on previous year | -200.6% |
| 1995 | 12.52 % change on previous year | -25.4% |
| 1996 | 16.05 % change on previous year | +28.3% |
| 1997 | 67.32 % change on previous year | +319.4% |
| 1998 | 19.16 % change on previous year | -71.5% |
| 1999 | 0.6836 % change on previous year | -96.4% |
| 2000 | 10.35 % change on previous year | +1413.7% |
| 2001 | -8.31 % change on previous year | -180.3% |
| 2002 | -3.82 % change on previous year | -54.1% |
| 2003 | 0.1442 % change on previous year | -103.8% |
| 2004 | -2.47 % change on previous year | -1810.4% |
| 2005 | 28.04 % change on previous year | -1237.1% |
| 2006 | 26.73 % change on previous year | -4.7% |
| 2007 | -4.93 % change on previous year | -118.4% |
| 2008 | -4.3 % change on previous year | -12.8% |
| 2009 | -9.68 % change on previous year | +125.3% |
| 2010 | 0.8963 % change on previous year | -109.3% |
| 2011 | 7.58 % change on previous year | +745.8% |
| 2012 | 10.54 % change on previous year | +39.0% |
| 2013 | -8.97 % change on previous year | -185.1% |
| 2014 | 14.36 % change on previous year | -260.0% |
| 2015 | -16.7 % change on previous year | -216.3% |
| 2016 | 5.13 % change on previous year | -130.7% |
| 2017 | 11.98 % change on previous year | +133.3% |
| 2018 | -4.18 % change on previous year | -134.9% |
| 2019 | 2.54 % change on previous year | -160.9% |
| 2020 | -29.06 % change on previous year | -1242.5% |
| 2021 | 23.05 % change on previous year | -179.3% |
| 2022 | 12.5 % change on previous year | -45.8% |
| 2023 | 5.5 % change on previous year | -56.0% |
| 2024 | 21.56 % change on previous year | +292.2% |
Bahamas compared with similar countries
- Bahamas's 21.56 % change on previous year is above the median for high income countries, which is 4.47 % change on previous year, 4.8× the median. (67 countries reporting)
- Bahamas's 21.56 % change on previous year is above the median for Latin America & Caribbean, which is 12.99 % change on previous year, 1.7× the median. (27 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current LCU), annual growth rate (current) in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | -1810.4% | 0.1442 % change on previous year | -2.47 % change on previous year |
| 2000 | +1413.7% | 0.6836 % change on previous year | 10.35 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.35 % change on previous year | 5.83 % change on previous year | 54.87 % change on previous year | 2 |
| 1980s | 18.69 % change on previous year | -5.28 % change on previous year | 67.03 % change on previous year | 8 |
| 1990s | 10.53 % change on previous year | -16.69 % change on previous year | 67.32 % change on previous year | 10 |
| 2000s | 3.18 % change on previous year | -9.68 % change on previous year | 28.04 % change on previous year | 10 |
| 2010s | 2.32 % change on previous year | -16.7 % change on previous year | 14.36 % change on previous year | 10 |
| 2020s | 6.71 % change on previous year | -29.06 % change on previous year | 23.05 % change on previous year | 5 |
Countries ranked near Bahamas
- 32 Sri Lanka 22.45 % change on previous year compare
- 33 Somalia 22.2 % change on previous year compare
- 34 Sierra Leone 21.8 % change on previous year compare
- 36 Jordan 21.37 % change on previous year compare
- 37 Paraguay 20.29 % change on previous year compare
- 38 Tajikistan 20.19 % change on previous year compare
More economy & growth data for Bahamas
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9419 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.9 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 408.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.1038 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0076 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 298.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.93 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0172 units per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation (current lcu), annual growth rate in Bahamas?
- Gross capital formation (current lcu), annual growth rate in Bahamas was 21.56 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in Bahamas?
- The highest recorded value was 67.32 % change on previous year in 1997.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in Bahamas?
- The lowest recorded value was -29.06 % change on previous year in 2020.
- How does Bahamas rank for gross capital formation (current lcu), annual growth rate?
- Bahamas ranks 35th out of 186 countries with data for 2024.
- Is gross capital formation (current lcu), annual growth rate rising or falling in Bahamas?
- Over the last ten years it is up 50.2%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.